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Investing

Speculation Rampant on First Solar Takeover (FSLR, GE, SI, SSNLF)

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By Paul Ausick Published
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Struggling thin-film solar PV maker First Solar Inc. (NASDAQ: FSLR) has seen its stock price fall by about -75% this year, and its enterprise value fall by nearly -90%. But the company is still a major force in the solar PV industry and could be an attractive takeover target for conglomerates like General Electric Co. (NYSE: GE), Siemens AG (NYSE: SI), or Samsung Electronics (OTC: SSNLF).

At least, that’s the buzz among some solar industry watchers, if not industry analysts. GE already has its own thin-film solar manufacturing plant under construction and probably is willing to wait and see what happens at First Solar. Neither Siemens nor Samsung has said a word.

An offer of around $4 billion would be a fair premium to today’s share price for First Solar, but the company’s longtime shareholders would take nasty hit, considering the company once carried a market cap north of $25 billion.

Contact [email protected] for any questions or corrections.

Disclaimer: Energy Exploration Technologies, Inc. (“EnergyX”) has engaged 24/7 Wall St to publish this communication in connection with EnergyX’s ongoing Regulation A offering. 24/7 Wall St has been paid in cash and may receive additional compensation. 24/7 Wall St and/or its affiliates do not currently hold securities of EnergyX.

This compensation and any current or future ownership interest could create a conflict of interest. Please consider this disclosure alongside EnergyX’s offering materials. EnergyX’s Regulation A offering has been qualified by the SEC. Offers and sales may be made only by means of the qualified offering circular. Before investing, carefully review the offering circular, including the risk factors. The offering circular is available at invest.energyx.com/.


Comparisons to other companies are for informational purposes only and should not imply similar results. Past performance is not indicative of future results. Market shortfall are forward‑looking estimates and are subject to substantial uncertainty. Investments in private placements, and start-up investments in particular, are long-term, illiquid, speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest in start-ups

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Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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